Maximum traders in Forex like to trade with high leverage for making profit instantly. But traders who make profit consistency , I don’t think they use high leverage. They way I see it. High leverage gives us the benefits not to worry about margin requirements and one less thing to focus on. Abusing leverage can be costly for traders.
One of the most common mistakes made by the traders is making a wrong strategy.
Adam Cantor
(AdamCantor)
Mitglied seit Mar 18, 2019
98 Posts
Sep 06 2020 at 09:48
trade entry is hard sometimes to decide
Adam Cantor
(AdamCantor)
Mitglied seit Mar 18, 2019
98 Posts
Sep 06 2020 at 09:48
Roberto21 posted:true, leverage ca n be a bit dangerous if youre going too high
Maximum traders in Forex like to trade with high leverage for making profit instantly. But traders who make profit consistency , I don’t think they use high leverage. They way I see it. High leverage gives us the benefits not to worry about margin requirements and one less thing to focus on. Abusing leverage can be costly for traders.
Tradelist45
Mitglied seit Jun 26, 2020
301 Posts
Sep 07 2020 at 07:13
i love to do mistake sometimes,
but not consistently , if you do mistake consistently then it will become a choice ,
but not consistently , if you do mistake consistently then it will become a choice ,
GeorgeBischof
Mitglied seit Jul 19, 2020
318 Posts
Nov 17 2020 at 19:04
Making mistake is the common thing in the forex market. If you can make your mistakes as your learning things, you can become successful easily in this market.
ElliotCooke
Mitglied seit Jul 20, 2020
341 Posts
Nov 30 2020 at 13:30
Most traders become failures in this market because of their low knowledge. Most people think that there is no need to have the knowledge to trade in the forex market.
Gracewilson1995
Mitglied seit Jan 11, 2019
147 Posts
Nov 30 2020 at 16:43
45656 posted:
Mistakes can be made by any one and in any business, it mostly happens due to lack of trading knowledge and skills. While trading in Forex market as much as you practice the trading in the demo, you will get benefited. I start trading with the global Forex broker to get the best result. They are established and award-winning broker. The broker helps their clients by providing them expert assistance and guideline on daily basis.
Mistakes are actually a part of a journey which leads towards success.
SteveHanks
Mitglied seit Mar 17, 2021
536 Posts
Jul 08 2021 at 13:44
ElliotCooke posted:Yes. You are right.
Most traders become failures in this market because of their low knowledge. Most people think that there is no need to have the knowledge to trade in the forex market.
GeorgeBischof posted:Yes. making mistakes is a common thing. Every trader should learn from their mistakes.
Making mistake is the common thing in the forex market. If you can make your mistakes as your learning things, you can become successful easily in this market.
RobertFerrari
Mitglied seit Aug 15, 2021
415 Posts
Nov 24 2021 at 07:00
GeorgeBischof posted:I agree with you. By doing this a trader can become skilled.
Making mistake is the common thing in the forex market. If you can make your mistakes as your learning things, you can become successful easily in this market.
I believe that the mistakes which traders make is considering forex as a quick money making machine and in that greed they get losses.
Trading mistakes are quite normal. I think that finding a person who would not be wrong is simply unrealistic.
SteveHanks
Mitglied seit Mar 17, 2021
536 Posts
Nov 24 2021 at 19:06
skihav posted:Yes. You are right. Every trader should make their mistakes learning tools.
Trading mistakes are quite normal. I think that finding a person who would not be wrong is simply unrealistic.
It takes a long time to become proficient in trading. This is why traders commit mistakes. They believe that a couple of years of trial trading are enough. However, it's not true. In reality, it takes years of studying and research to get a degree.
Unfortunately, mistakes in trading do occur, but in order to successfully overcome them, you need to analyze their cause. Otherwise, it is rather difficult to decide.
AndrewMcCalam54
Mitglied seit Jun 12, 2021
132 Posts
Jan 10 2022 at 08:44
mistake is a very common thing and no way to deny but we have to overcome must after making a mistake , otherwise trading life and real life can be the worst thing ever.
winning_trades
Mitglied seit May 31, 2021
48 Posts
Jan 10 2022 at 10:51
Some one nicely said - Mistakes are the sign that you are trying. No mistakes means you are on virtual world!